In the Context of the BCG Matrix, Which of the Following

question 114

Multiple Choice

In the context of the BCG matrix, which of the following businesses would be classified as a dog?

• A) Ultimo Phone, a smartphone manufacturer that is the market leader in a rapidly growing industry
• B) Brain Cash, a finance company that is struggling for market share in a fast-growing industry
• C) Cleep Sweep, a detergent company that has been earning steady profits in a slow-growing industry
• D) Bigs Steel, a metal manufacturer that has negligible market share in a slow-growing industry

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Definitions:

Mall

A large enclosed shopping center with a variety of stores and services, typically featuring centralized walkways and food courts.

Cultural Lag

Is the tendency of symbolic culture to change more slowly than material culture.

Symbolic Culture

The aspects of culture that exist in nonmaterial forms such as language, rituals, values, and norms.

Material Culture

The physical objects, resources, and spaces that people use to define their culture, reflecting the beliefs, customs, and values of a society.